Thoughts on upcomming US credit default.

Jul 12, 2011 at 11:05
Vues 1,831
10 Replies
Membre depuis Apr 15, 2011   posts 97
Jul 12, 2011 at 11:05
Whats everyone's thoughts on the upcoming credit default deadline on Aug 2. Any Idea of what the bomb is going to be like in the markets if it does go off. And I don't mean just a drop in US currency. I'm talking everywhere.
TheCyclist
forex_trader_28881
Membre depuis Feb 07, 2011   posts 691
Jul 13, 2011 at 02:21
Splexin
forex_trader_33781
Membre depuis Apr 11, 2011   posts 200
Jul 13, 2011 at 03:15
cunod posted:
Whats everyone's thoughts on the upcoming credit default deadline on Aug 2. Any Idea of what the bomb is going to be like in the markets if it does go off. And I don't mean just a drop in US currency. I'm talking everywhere.

Fear. A powerful yet simple way of controlling the masses.

Article of interest
http://blogs.marketwatch.com/fundmastery/2011/07/12/the-u-s-treasury-will-not-default/
zzzero
forex_trader_27988
Membre depuis Jan 26, 2011   posts 974
Jul 13, 2011 at 23:47
the economies are about to enter a new phase, of sorts.

i understand very well what is about to happen.

they showed me everything.

i assure you that it will take you by surprise.

don't you recognize me?

i am the beast.

you are going to simply adore my princess.

she is pure like the brightest of white light.

she is gorgeous.

she is brilliant.

and she can and will stomp your ass.

zero/.






Membre depuis Jul 14, 2011   posts 6
Jul 19, 2011 at 16:03
these are just political games. neither side wants a default, and so it will not happen. they will however use all the time they can between now and August 1st to make the other side look bad to the American public.
Membre depuis Apr 15, 2011   posts 97
Jul 27, 2011 at 20:59 (édité Jul 27, 2011 at 21:00)
TheCyclist
forex_trader_28881
Membre depuis Feb 07, 2011   posts 691
Jul 30, 2011 at 09:25
Membre depuis Apr 15, 2011   posts 97
Jul 30, 2011 at 13:56 (édité Jul 30, 2011 at 14:12)

TheCyclist posted:
http://www.bbc.co.uk/news/technology-14340470

ha!

Apple could buy out the US treasury. Funny, but horrifically sad.

PS: Maybe while they are at it they can take care of euro! lol
zzzero
forex_trader_27988
Membre depuis Jan 26, 2011   posts 974
Aug 03, 2011 at 22:51

cunod posted:

TheCyclist posted:
http://www.bbc.co.uk/news/technology-14340470

ha!

Apple could buy out the US treasury. Funny, but horrifically sad.

PS: Maybe while they are at it they can take care of euro! lol


well then, why dont they do it?


TheCyclist
forex_trader_28881
Membre depuis Feb 07, 2011   posts 691
Aug 04, 2011 at 02:41
Cause they have good products and don't want to buy a loss making entity.
zzzero
forex_trader_27988
Membre depuis Jan 26, 2011   posts 974
Aug 04, 2011 at 02:59

TheCyclist posted:
Cause they have good products and don't want to buy a loss making entity.



my thinkiing is that if they are any good, they might buy the u.s. and then turn it around.

selling iipods is one thing..

turning around an entire country requires real skill..

z/.
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